The following are the job cost related accounts for the law firm of Crane Associates and their manufacturing equivalents: Law Firm Accounts Supplies Salaries and Wages Payable Operating Overhead Service Contracts in Process Cost of Completed Service Contracts Cost data for the month of March follow. 1. 2. 3. 4. 5. 6. Manufacturing Firm Accounts Raw Materials Factory Wages Payable Manufacturing Overhead Work in Process Cost of Goods Sold Purchased supplies on account $2,360. Issued supplies $1,650 (60% direct and 40% indirect). Assigned labor costs based on time cards for the month which indicated labor costs of $88,200 (80% direct and 20% indirect). Operating overhead costs incurred for cash totaled $50,400. Operating overhead is applied at a rate of 90% of direct labor cost. Work completed totaled $94,500.

The following are the job cost related accounts for the law firm of Crane Associates and their manufacturing equivalents: Cost data for the month of March follow. 1. Purchased supplies on account $2,360. 2. Issued supplies $1.650 ( 60% direct and 40% indirect). 3. Assigned tabor costs based on time cards for the month which indicated labor costs of $88,200 (80\% direct and 20% indirect). 4. Operating overhead costs incurred for cash totaled $50,400. 5. Operating overhead is applied at a rate of 90% ot direct labor cost. 6. Work completed totaled $94,500. Journalize the transactions for March. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.)